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CNN
Dec 29, 2012 10:00am PST
, waiting for breaking news out of washington on a matter that has no business being breaking news. this was an entirely anticipated crisis, one that is completely of washington's creation, even at this late moment, washington still ready to gamble with your economic future instead of conceding some ground to conclude a deal that possibly saves it. i'm ali velshi. this is "your money," a battle of ideological wills in washington as america moves dangerously close to a fiscal cliff. >> we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> alas, this is how we do things now, create economic storms then look to provide an umbrella at the last possible second. we avert disaster but move no closer to solving our long-term economic problems. after a moment of spiritual clarity on friday afternoon, harry reid is working on a bipartisan deal ostensibly with his republican adversary mitch mcconnell. >> -- engaged in discussions, the majority leader and myself and the white house, in t
CNBC
Dec 21, 2012 3:00pm EST
to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down right now. down 1.25%. the technology sector is taking a bigger hit today. down to 3,012 on the nasdaq and the s&p 500 index is down 1% at 1428. . >> house speaker john boehner says he's still open to a offer from the democrats. >> it was a dramatic evening last night. john harwood was there. he has the latest on the on talks. are there any talks, john? >> i think so. but they're pretty muted. this bill was not win of those weeks that makes washington look good. come to think of it, there aren't many weeks that make washington look good. but this was especially especially difficult because you had negotiations getting close
FOX Business
Dec 18, 2012 11:00am EST
out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentially a $1.3 trillion in new revenues for only $853 billion in net spending reductions that is not balanced in my opinion. rich: there are substantial differences. the speaker is willing to allow a rate hike on those earning less than, excuse me, more than 1 million. speaker boehner wants a $1 trillion in spe
CNN
Dec 6, 2012 6:00am PST
laid back new year's celebration ever? no. celebration of washington state's brand new pot law. yes, they're smoking joints. >>> i dare you, like double dare you. obama administration bites and says, yeah, we're prepared to go off the fiscal cliff. >>> roger goodell, the commissioner football fans love to hate. there's a softer, gentler side of goodell. seriously. the nfl commissioner you don't know. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. smoke 'em if you got 'em. recreational marijuana is officially legal in washington state. shall we say a rather mellow celebration at seattle's space needle? pot smokers lit up like it was new year's eve. new voter approved initiative went into effect midnight. this pot party technically, is illegal. wz's law bans smoking pot in public places. for now the seattle police department is turning a blind eye. this notice was sent to all officers last night. until further notice officers shall not take any enforcement action, other than to issue a verbal warning, for a violation of initiative 502. m
FOX Business
Dec 26, 2012 11:00am EST
in the country. his work is not done yet. people worried about washington keeping their spending type. time for stocks now. nicole petallides is at the new york stock exchange. nicole: the dow is down about ten points. the s&p pulling back one quarter of 1%. a lot of the retailers loved like the biggest losers. 500 stocks are comprised and represent oriole to autos to airlines. the sector that was really lagging where the retailers. oil has been moving to the upside. there is a lot going on with that. and oil spike of two dollars. now, let's take a look at technology. we do see some of the tech stocks doing pretty well. hewlett-packard and intel have been among the real losers for the year 2012 on the dow. today, you continue to see this trend which is a little better. back to you. dagen: thank you. the senate returning to washington tomorrow. the president, as well. five days left to revert the fiscal cliff. now that plan b is that, will there be a plan c or f for failing? peter: president obama expecting to arrive in d.c. tomorrow. white house says they will let us know if there is any up
MSNBC
Dec 12, 2012 3:00pm PST
and the rest of the gop to step up. joining me now, marie cox, washington correspondent for the guardian. and leah henderson, national reporter for the washington post. thank you both for being here this evening. >> it's great to be here. >> good to be here. >> leah, let me start with you. the republicans realize they're on the wrong side of public opinion here? or do they care? >> well, you know, i think you definitely see from democrats from the president using the power of the bully pulpit really underscoring the fact that he won the election. you had pelossi saying essentially that where republicans are ice lated from the public in terms of their stance from the tax hike. i think you see the president continue a campaign that he started in 2008, really, a campaign against extending these tax cuts. now he's able to go to not only the american people, but businesses in wall street. and in that way, i think he's giving cover to some republicans who have been so staunchly opposed to these tax hikes. i think one of the things that's real real really interesting is that is this report that
MSNBC
Dec 27, 2012 8:00am PST
. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do
CNN
Dec 21, 2012 11:00am PST
that is the debate that is going to rage, especially after that nra presser today in washington. but for this town, for this moment, for this day, it is not about that. it is very important, but it is about the people and the victims and remembering them and commemorating them in beautiful ways just like this one, brooke. >> absolutely, poppy harlow, thank you so much for us in newtown. wasn't thrill a presser the nra gave, a statement, no questions answered afterward. the nra also held a moment of silence at 9:30 this morning today for the 20 children and the 6 adults slaughtered last friday in newtown schoolhouse. but hours later, the nra spelled out its own plan to prevent similar massacres in the future. the message from wayne lapierre, put guns in every school now. >> and does anybody really believe that the next adam lanza isn't planning his attack on a school, he's already identified at this very moment? how many more copycats are waiting in the wings for their moment of fame? the only thing that stops a bad guy with a gun is a good guy with a gun. i call on congress today to act immediatel
FOX News
Dec 21, 2012 3:00pm PST
. chief washington correspondent ed henry live in the white house briefing room with the administration latest effort to reach a deal. with a last minute pitch from the president. the president seems to be saying go home for the holidays, take a deep breath. ref lax. come back. get it done. >> good evening, john. high drama here. when the president is leaving for hawaii in 90 minutes from now. first, though, he met at the white house with senator reid and he called the speaker boehner and came out on the podium behind me. he laid out three-point plan that he thinks can pass if ten days. extend tax cut for 98% of the public. extend unemployment benefit for 2 million people. come back to deal with spending cut and deficit reduction. he said that was achievable by january 1 to avoid the cliff. after last night, unclear whether anything can pass. >> just as the economy is really starting to recover, and we're starting to see optimistic signs. we have seen, actually, some up-side statistics from a range of areas clouding housing, now is not the time for more self-inflicted wounds. certainly
MSNBC
Dec 5, 2012 9:00pm PST
it to be cut. and wonks in washington, d.c. spend their time trying to figure out how to cut medicare. both democrat and republican. and with this very thorny contradiction in mind, politicians and think tank analysts and the like have developed a whole secondary-coated language to talk about medicare. so premium support instead of privatizing medicare, and structural medicare reform instead of raising the eligibility age. now, remember the context for all this. this is important. remember that phrase we first started hearing at the start of the health reform debate, which may be apocryphal, "keep government hands off my medicare." the big tea party uprising was in large part a reaction to the idea, quote/unquote, of socialized medicine. it was the affordable care act, and the government, quote, takeover of health care, that fanned the flames of the post-obama tea party protest. but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to was
MSNBC
Dec 26, 2012 9:00pm PST
have big news out of washington, where nothing is happening. the house is not in session, and as of this moment has no plans to be in session for the end of the year. nothing is stirring, not even harry reid. yes, i'm still in the christmas spirit. the president meanwhile is in hawaii and won't be returning until tomorrow. now, normally nothing happening would not be big news in washington. nothing happening is kind of the status quo in washington. getting nothing done is to our political system as saying great is to tony the tiger. it's just kind of what we do now. right now, this week, nothing happening is huge news. the reason is that usually when washington doesn't do anything nothing happens. you do nothing, nothing happens. that's how it goes. in fact that's why people call it doing nothing. after you do it, nothing occurs. if washington doesn't do something, a lot happens. all the bush tax cuts expire, the payroll tax cuts expire. doctors participating in medicare, see their reimbursements cut by more than 25%. good luck getting a doctor then. more than a trillion
CNBC
Dec 21, 2012 1:00pm EST
lunch." we have three major news conferences in washington, d.c. president obama will nominate senator john kerry to be his next secretary of state. harry reid will be on the senate floor and house minority leader nancy pelosi will discuss the cliff crisis. with plan b history, washington is scrambling to get a deal done. the markets however are decidedly worried. dow jones has been down triple digits almost all session. we are off our worst lefs, down about 174 point a few moments ago. down 152 on the dow. 17 to the minus side and nasdaq is off almost 40. let's go to washington where john har wood is standing by with the latest on the fiscal cliff follies. john? >> all follies so far, sue. we had house speaker john boehner come out today and have a news conference explaining the failure of his plan b last night which stunned a lot of people because both boehner and eric cantor majority leader said they were confident they had the most to pass it. what he said today at a news conference is that there were members who had a perception which he said was incorrect. it would raise taxes. t
CNBC
Dec 21, 2012 4:00pm EST
closing bell." the market down today. washington is not even close to reaching a deal to avoid the fiscal cliff. we had a triple digit decline today. here is how we're finishing the day on wall street. at the lows, dow was down 189 points. by the close, we came a fair amount of the way back from that sharp decline in the morning hours. volume very heavy today. that's how he saw a lot of shifting in the volume for the day. 1.2 billion shares here. nasdaq gave up that 29 points at the close and the s&p 500 down 13.25 points. five trading days left until the fiscal cliff deadline. seven days until congress is back in washington. raymond james says he's expecting the santa claus rally. jeff is with me now also dean from barclay's, peter anderson and our own rick santelli. jeff, how can this market rally when there's still so much uncertainty out there? >> i am surprised the market held up as well as it did today, maria. it had every reason to be down four or 500 points. historically, the week after christmas it's up about 70% of the time with a little over a percent gain. and i think you're g
MSNBC
Dec 27, 2012 9:00pm PST
in washington early this morning. and he was a senator by this afternoon. that is a big day. so senator schatz, welcome to washington. welcome to the u.s. senate. there is a lot to catch up on. first of all, many of your new colleagues, most of the people you're about to join, they won their elections back in november. you of course did not. so it is possible that between november and now, like a normal human being, you were not paying all that much attention 20 what washington has been up to. it's the end of the year. things have slowed down. we're waiting for a new congress to come in. usually you would have time to get your bearings to figure out where the bathrooms are. that is not going to be the case this year. not with the fiscal cliff. luckily for you, we here at "the rachel maddow show," we have been paying attention. we have had absolutely no other choice, unfortunately. and we are here to help you and everyone else trying to figure out how we got to this point we are in. right after that election, the day after the election, in fact, your new colleagues got to work immediately on th
CNN
Dec 6, 2012 2:00am PST
what washington needs to crack the whole fiscal cliff thing wide-open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. "early start" begins now. >>> new this morning, tanks and personnel carriers stationed outside the presidential palace in egypt, clashes turning deadly overnight. rage at the new leader fears he may become the old leader. we're live from outside the palace in 30 seconds. >>> plus new reports that syria is putting chemical components in bombs. the details, straight ahead. >>> as of this morning for the first time in the history of our country, it is now legal to smoke pot for recreational purposes in a state and we are there for the pot party. good morning, welcome to "early start." i'm christine romans in for john berman this thursday morning. >> i bet you never thought you'd say that, live at a pot party. >>> good morning to you, i'm zoraida sambolin, 5:00 a.m. in the east here. >>> tension has quickly turned to deadly violence in egypt. this morning, tanks and armored personnel carriers are guar
CNN
Dec 8, 2012 3:00pm PST
. thanks so much. here in washington, a massive show of force on capital hill. up next, the message some senior citizens are sending lawmakers looming the fiscal cliff. stay with us. you're in "the situation room." ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars this season, discover aleve. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive sy
CNN
Dec 31, 2012 2:00am PST
let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of possibilities. catch phrases become boomerangs. >> if you got a business you didn't build that. >> i like being aable to find service members. >> i'm an american woman who uses contraception. let's start ther
CNN
Dec 5, 2012 2:00am PST
house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zo
FOX News
Dec 21, 2012 6:00am PST
leaders in washington. good morning. not an easy night for speaker john boehner. >> yes, he is coming off as having a very difficult day. he was hoping that his fellow republicans would rally around his across-the-board tax hikes that come with a fiscal cliff great he was asking fiscal conservatives to swallow some tax hikes. only on those that make more than a million dollars per year for some, that was a bridge too far. >> he is my speaker and i support him strongly. he is in a very difficult position. but i just happen to disagree with this in the correct message. raising taxes on any american, to me is not the right message at all. it is cutting spending. >> the speaker points out that the house has passed a measure that will stop all the tax hikes next year. as he said, it is all in the hands of the senate. bill: will we hear from the president? swivels democratic governments do in response? >> and i think the short answer is probably not much. at least not in the immediate offering here. the senate is in session today, but there's nothing more until later next week. as for the presi
CNBC
Dec 13, 2012 3:00pm EST
advisors and steven gil garcetg and our own jeff cox. no encouraging words out of washington, here we go again, from either the fed or congress. >> right, and frankly that's very expected. there's going to be a -- some grandstanding about your political philosophies right up until the end, but the way i view this is we will not and cannot go over the fiscal cliff. >> you think the can will be kicked down the road. >> well, i think washington learned its lessons from the credit crisis. they are not going to have this go over the cliff, and i think it's going to be a recipe of a small part of cutting spending. a small part of raising taxes and a healthy doze of kicking the gan down the road. >> you would be so sure that these guys cannot do it when in fact here we are 18 days away. steve sax from your standpoint in, terms of etfs and in terms of indexing out there, how do you want to invest given all of these uncertainties as we approach year end? >> i'm in the camp i certainly hope we can avoid the fiscal cliff, but right now i don't have a lot of confidence. we're still seeing a lot of f
FOX Business
Dec 21, 2012 5:00pm EST
live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work on th
MSNBC
Dec 20, 2012 10:00am PST
and stepping this away and that way and now preparing to leave washington. they -- they are doing all of this instead of taking the one step they need to take, and that is to say to the president, all right, you've gone 40% of the way. we're expected to go, you know, 30%, 40%. let's see what we can get done. we don't have to wait until new year's. everybody knows what this is going to look like tend of the day. we just need the republicans to act responsibly and sit down with us and get the deal done. not go home for the holidays. >> and let me switch gears for a second because you hear a lot that's going on in capitol hill. what is the genesis of this criticism of chuck hagel? there's a lot that's also coming from supporters of israel who say that he has not been supportive enough. do you think that is a big question? i know the house doesn't confirm cabinet officials, but you are very close to it all. >> i am not involved in the confirmation process. i'll leave that to the higher pay grades in the senate. show me a nominee or a prospective nominee for any cabinet position, and i wil
MSNBC
Dec 21, 2012 3:00am PST
. >> good morning. >> and in washington, msnbc and "time" magazine senior political analyst, mark halperin. >> listen to the song. ♪ waiting for the end of the world ♪ >> good call, kid. elvis costello. "end of the world." >> "end of the world." it's here. no. no, no. >> what's this "new york post" stuff? what's going on? >> i don't know. olympic gold medalist turned prostitute. >> are you serious? >> the thing about the "post," they are always on the pulse. >> exclusive piece or is it in "the times," too? >> here's -- i'm glad it's going on in new york. they're getting ready for the holiday season. >> they've got their eye on the ball. >> i don't know what's going on there. >> let's just throw those away. john boehner had a bad night last night. >> yeah. a picture on the front page of "the new york times" seemed to say it all. >> yeah, my goodness. >> look at his face. >> he said a prayer last night. he undertook a gambit. he decided that he was going to walk away from negotiations and try to get republicans to support a tax increase on people making $1 million or more. without any sp
MSNBC
Dec 26, 2012 1:00pm PST
. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorrow for legislative business. according to one gop aide, they felt it's up to the democrats to act now. so the christmas spirit has not softened actions. but what has softened? customer confidence. in the last week gallup found the drop in the likelihood congress will come to a deal. also holiday spending hit its lowest rate since the 2008 recession. while the president said before he left for hawaii that he said he hoped the holiday would give them a chance to cool off and reach an agreement, it appears repub
CNN
Dec 30, 2012 3:00pm PST
are in new york and i'm in atlanta, and we get to washington now, because the senior congressional correspondent dana bash is closely following the negotiations from capitol hill, and dana, you have been there and talking to people, and where are we on this? >> well, the senate majority leader harry reid was on the floor moments ago saying that the senate will reconvene at 11:00 a.m. tomorrow. the senate will reconvene tomorrow at 11:00 tomorrow, and that means no senate votes tonight which is not good news for everybody looking at the calendar and looking at the watch at this point and not the calendar to see that it is midnight tomorrow night that everybody's taxes in this country will go up. simply put, both sides are not at a place where they believe that they can come up with anything to put on the senate floor for a vote tonight. they will give it until the actual deadline, december 31st tomorrow, to reconvene. however, senator reid did say, don, that talks will continue tonight, so that is a good sign at least that the talks are continuing, but the fact that they are not vot
FOX Business
Dec 21, 2012 1:00pm EST
the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we will see what the president says. after what has happened this week, it is not clear what the way forward is. it is more likely than not that we will grow into january without a deal. melissa: what does that really mean for the economy? >> it is to businesses to decide when they change their holdings. there is some spending programs that will be extended. they are uncertain about the outlook. there are a variety of ways
CNBC
Dec 27, 2012 1:00pm EST
now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with demo
CNN
Dec 19, 2012 2:00am PST
finding security in benghazi was grossly inadequate to cope with the attack, that washington ignored repeated requests to beef up personnel, and ultimately a lack of transparency, responsiveness and leadership senior levels both this washington and in libya. alise, what do you make of this report. a lot of these findings we've been talking about for a very long time. >> that's right, but also in the last few months, there's been so much politicization of this attack, especially with these talking points and the whole issue of susan rice, ambassador susan rice and what she said about whether there was a protest. this report didn't find that there was a protest, but it also kind of really is the first look at what went wrong, a kind of very sobering look i'd say of what went wrong. and they said that basically the state department and the embassy in libya kind of missed the warning signs that there was an imminent attack coming. there wasn't a specific threat, but a lot of attacks on other western targets that should have been a clue that there was deteriorating security situation and
CNBC
Dec 11, 2012 3:00pm EST
of a resolution, but right now the comments that we got a couple of minutes ago out of washington does not really help the situation. >> so what's the strategy, jonathan? what's the strategy given the comments that we just heard. >> not knowing what taxes will be like next year, i agree with what you said before earlier. you have to take some of the profits off the table, pear down some of your risk and exposure and hold on to ones that you think in the locker term will have performing gains. >> joining us late, the comments we're talking about came from senate majority leader harry reid who said he does not expect a deal before christmas, and he also said if the republicans are expecting the democrats to come up with a list of spending cuts they want, it's not going to happen. they are expecting the republicans to come forward with that first. those are the comments that we've been talking about. carol roth, you're the one that's been identifying those financial planners who are telling their clients sell those winners, and to hang on to the losers here. >> right. this is completely backwards to
CNBC
Dec 20, 2012 4:00pm EST
into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing in the plus column with a gain of six points, and the s&p 500 up about eight points, one-half of 1% at 1433. closing in on the fiscal cliff deadline still with no deal in sight, let's find out how you should be investing in the face of the fiscal cliff fiasco. we want to dig deeper into the nyc/i.c.e. deal as well announced today, that it means for you and the global exchanges. gentlemen, welcome. thanks soechg for joining us. >> thanks. >> thanks for having me. >> let me kick this off with you in terms of the fiscal cliff. give me your strategy, deal or no deal? >> i think there will be a deal. this plan "b" that wehner has actually -- waiting to see if it actually makes it to the congress for a vote is actually a big deal because if he gets it through c
CNN
Dec 22, 2012 7:00am PST
in washington are calling for more gun controls, the nra wants to fight fire with fire in schools or maybe it's just the deterrent factor that they're hoping for. cnn national correspondent susan candiotti joining me from new york. is that the message that most people expected or wanted to hear from the nra? >> you know, everyone agrees that something needs to change, the question is, of course, is this the moment. armed guards in every school? we're getting different reactions to that. for example, in newtown, connecticut, where the community is still reeling after a shooter blasted his way into sandy hook elementary school and systematically gunned down 20 children and six adults, people are asking is this what we want to do now, put armed guards in every school? here's a sample of opinion in newtown. >> i'm very torn at this point. i'm not happy with the nra. i am not happy with the nra, and i am a gun owner myself. there's just no reason for automatic weapons out there in the public. and clips that discharge so many rounds of ammunition. >> i have many guns. but i don't have a third round
CNN
Dec 30, 2012 1:00pm PST
. the fiscal cliff is a colossal waste of time, an economic storm of our own making, and washington is searching for little more than an umbrella to protect you from it. thanks for joining the conversation this week on "your money." we're going to stay on the story till it's done. normally, we're here every saturday at 1 p.m. and sunday at 3:00 p.m. eastern. i'm on daily at 3:30 p.m. but until this is done, you're going to see a lot of me. tweet me, my handle is @alivelshi. we'll see you through to the end of this. have a great weekend. >>> hello, thanks for joining us, i'm martin savage at the cnn headquarters in atlanta. i'm in for fredricka whitfield. good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let
FOX
Dec 28, 2012 7:00am EST
with a grand bargain. they're just trying to get something done and fast. president obama back in washington, but can he lead both parties to a compromise fiscal cliff work-around? republicans say democrats have been dragging their feet for months and they won't be pressured into what they considered a bad deal that doesn't help balance the nation's books. >> the president calls congressional leaders to the white house, it's political theater or they have a deal. my bet is it's theater. >> reporter: speaker john boehner hasn't been able to get them to budge on a deal to raise taxes and the name calling is getting ugly. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: and it's true the senate controlled by democrats is working this week, but they're not working on the fiscal cliff. and the house won't even be back to work until sunday, just two days before the ye
CNN
Dec 22, 2012 2:00pm PST
away from each other. both men left washington for the holidays. president obama and family are in his native hawaii for a short christmas break. we'll have a live report from hawaii and the latest on the fiscal cliff talks a few minutes as well. >>> it's official. bp oil company will pay up to the tune of $7.8 billion. that is a class action settlement amount they agreed to pay, about 100,000 businesses and individuals hurt by the biggest oil spill in american history. a federal judge formized the settlement yesterday. a lot of gulf coast residents opted out of the class action suit and are pursuing lawsuits on their own. >>> in egypt today, more effects of a brand-new government's growing pains. the vice president is out. he is stepping down there. this man, mahmud mechanicy announced political life does not agree with him, and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country new islamist backed constitution. egypt's new president gave himself near absolute power. >>> a former u.s. marine
MSNBC
Dec 19, 2012 1:00pm PST
. many of them on another major issue facing washington. negotiations on the fiscal cliff. with house speaker john boehner holding his own 52nd presser on that today. and we'll have more on that throughout the hour. but first in the renewed debate on gun control. the president today named vice president joe biden to lead an inter-agency task force to develop a policy response to the tragedy at sandy hook saying he cannot do it alone. >> ultimately if this effort is to succeed, it's going to require the help of the american people. it's going to require all of you. mothers and fathers, daughters and sons, pastors, law enforcement, mental health professionals, and yes gun owners standing up and saying enough on behalf of our kids. >> the president reiterated that he'll use whatever powers his office holds to prevent another tragedy like newtown. and his choice of vice president biden signals a robust effort to confront america's foremost gun lobbyists. >> the nra is an organization that has members who are mothers and fathers. and i would expect that they've been impacted by this as wel
MSNBC
Dec 24, 2012 11:00am PST
now, washington bureau correspondent hampton pearson. let's see what the average american will or won't be seeing in their pi check. >> reporter: i'm here for the lump of coal portion of the program. if there's no deal, let's look at what happens to tax rates in just seven days and these stats are from the tax policy center. the annual income from somebody in the $50,000 to $75,000, about a $2,400 increase. jumping ahead to $100,000 to $200,000, the average tax increase, $6,600. tacking at that great divide of the wealthy, over $250,000, at least a $11,000 tax hike. over $1 million, more than $254,000. >> hampton, looking at that number, that's for those americans working right now. there are still struggling americans, millions looking for work and what's the fiscal cliff mean for them? >> reporter: okay. we have unemployment at 7.7% last month and mainly went down because people gave up looking for work and jdropped out of th job market and out of work six months or longer. 4.8 million americans, they're the folks worried the most about unemployment benefits not extended after the f
MSNBC
Dec 10, 2012 2:30am PST
. ? in washington, closed door meetings with the president and john boehner. >>> in the midwest, the fiscal cliff is the latest thing on people's minds as the first blizzard of the winter brings the region to a halt, highways closed and scores of flights canceled. that story is just ahead. >>> first, let's get to the news live at 5:30 here at "30 rock" in new york city. well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a gr
CNN
Dec 10, 2012 6:00am PST
. >>> south korean rapper psy receives a warm welcome in washington despite his past anti-american comments, and president obama getting some flack for attending that performance. >>> plus the bizarre saga continues. american tech mogul john mcafee fighting deportation to belize. he holds a news conference from behind bars. you'll hear what he has to say. "cnn newsroom" starts right now. >>> good morning, everyone. i'm ted roland sitting in for carol costello. we bring in fallout for the radio prank calling the hospital. the nurse that was duped by the call, the bosses of those deejays have cancelled their show, and for the first time, those deejays are speaking out. >> there is nothing that can make me feel worse than what i feel right now and for what i feel for the family. we're so sorry this has happened to them. >> cnn's matthew chance is outside the hospital with the very latest. matthew? >> reporter: ted, thanks very much. you heard a snapshot of the kind of raw emotion that was expre expressed in that interview with these two deejays medical -- mel grieg and michael christian gave,
MSNBC
Dec 5, 2012 8:00am PST
issue that's taking a lot of the oxygen out of the room in washington, d.c. i understand we have the shot back up. let's go back to the president. no audio right now? can we show the president? he's actually taken to holding a hand mike so hopefully they'll get the audio issue figured out but we have congressman debbie wasserman schultz 1257bing by, the chair of the dnc and was listening like all of us were to the president and hopefully we'll get the audio issue revolved. congresswoman, good to have you with us. >> thanks, thomas. >> just as we were about to hear what the president was saying with regards to what's taking place in washington, d.c., with you and your colleagues we lost the audio. the vitriol is well established on both sides. the president and john boehner have reportedly not even taken time to speak to each other when face-to-face yesterday at a white house christmas event but it seems both sides can agree that the sky is blue on the one issue when keeping tax cuts where they are for the middle class. >> right. >> why can't we get that one step accomplished and
MSNBC
Dec 7, 2012 10:00pm PST
to see trillion deficits for as far as the eye can see. listen, washington's got a spending problem, not a revenue problem. >> joining me now are richard wolffe, the executive editor of msnbc.com and an msnbc political analyst, and robert reich, former labor secretary and a professor at the university of california berkeley. he is also the author of "beyond outrage." richard, i want to go to you first here. the president talked quite a bit in the election cycle. >> quite a bit. >> he did, period, about the fever breaking amongst republicans in congress . >> yes. >> it's been quite feverish of late, which is to say a lot of back and forth, a lot of hot air blown from the house caucus. i wonder if you think that fever might be breaking with the suggestion john boehner said, even if the president gets his way on tax rates, which would seem to open the door to that possibility. >> it's a bit to latch on to that. they cannot settle on a position. very different from the last time around. and it's true. the white house has said both publicly and privately, look, we're prepared to see all
MSNBC
Dec 11, 2012 8:00am PST
on the fiscal cliff in washington, d.c. with the clock ticking away just days left for congress to reach a deal. are we any closer? >>> plus, a staple in hundreds of thousands of african-american homes for decades. "jet" magazine not afraid to make history and doing it again with a ground breaking announcement. >>> supreme court justice scalia raising eyebrows with a comment he made about murdered and homosexuality. if we cannot have moral feelings against homosexuality can we have it against murder, can we have it against other things? our big question for you is should a supreme court justice equate the morality of human sexuality with murder? tweet me at thomasaroberts or find me on facebook. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social secur
MSNBC
Dec 19, 2012 6:00am PST
. is washington ready for a fight over guns that no one thought would happen? >>> blast from the past. find out what michael dukakis has to say about the idea of being a u.s. senator once john kerry becomes officially the next secretary of state. being a little bit coy. could he run? here comes the new. >>> good morning from washington. it is wednesday, december 19th, 2012. this is the. i'm chuck todd. >>> today could be the day the two sides come together for a big deficit reduction deal or we could be 24 hours from it totally falling apart. that seems like telling you everything and nothing at the same time. but there's something to this. follow me here. the president and speaker boehner have really never been closer to a deal. they both made major concessions over the last i'd say 72 hours. the nation still mourning the tragedy in connecticut. both sides have admitted that the tone of the talks have changed. >> an event like that, as tragic as it is, brings us a little closer together. >> i continue to have hope that we can reach an agreement. it's not a time to put americans through more st
CNN
Dec 14, 2012 6:00am PST
washington, i'm don lemon. carol is off today. we begin this hour with spiraling concerns over syria and a desperate regime trying to hold on to power. this morning, washington announces it's deploying two patriot missile batteries and 400 troops to our nato ally turkey. it will bolster defenses to syria against its scud missiles and possible chemical weapons. >> it's a challenging time. it's a challenging time. it's a critical time. we just announced, just announced this morning that we are deploying two patriot batteries here to turkey, along with the troops that are necessary to man those batteries so that we can help turkey have the kind of missile defense it may very well need in dealing with threats that come out of syria. >> to cnn's nick paton walsh in beirut following the latest developments. nick is on the phone, what can you tell us? >> we don't know the exact location where the american troops are going to be stationed but the german parliament ratified part of its contribution, there will be three nato nations giving troops toward this. the u.s. two batteries and 400 tro
MSNBC
Dec 14, 2012 6:00am PST
in washington down to the last moment of the year. everybody agreed what they're going to do, but they're not going to agree until the last second. >> what i learned, is things may be worse, we could be ukraine. take a look at what happened in ukraine. there's a bright side. we're grasping. we're grasping. >> you know what? i bet they get things done. after a fight, i bet they sit there and pass bills. just like tip o'neal. >> if it's way too earlier, it's "morning joe," thank you so much for watching this week, we greatly appreciate it. chuck and the daily rundown starts right now. >>> steam dried, the u.n. ambassador pulls her name from consideration to be secretary of state, telling president obama she doesn't want to be a distraction in telling nbc exclusively what she thinks about the politics of her critics. >>> cleanup on aisle 2013. just 18 shopping days left until the country dives over the fiscal cliff. are there any deals left to be had? there's a bargain bid of plan bs that are starting to overflow on the on the senator side of capitol hill. >>> and a senior gets ready to r
MSNBC
Dec 26, 2012 6:00am PST
they have been more cautious with their holiday spending because of the uncertainty in washington. economists warn it could get worse and the markets could be foiled if we go over the fiscal cliff. taxes will go up for the average american by about $2,000 and could put us back into a recession. >> which nobody wants to see. kristen welker in hawaii. the president is coming back, but they haven't gotten the 48 hour notice. they are very much out there in play. thank you very much for joining us. appreciate it. when the senate returns tomorrow morning, there will be a new emphasis on members taking a larger role in the fiscal cliff negotiations that based off the current offer may only have a smaller deal. a member of the budget committee and outspoken voice on the left side of the aisle. thanks for joining me. good morning. >> mire pleasure. >> we were saying a lack of urgency in washington to deal with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what d
CNN
Dec 27, 2012 4:00am PST
the storm. >>> and back to work in washington with five days to go. president obama comes back to washington to try to hammer out a deal with the senate, and we're hearing it may come down to the final minute of the year. >>> sticky gas pedals costing toyota $1 billion. the company's plan to put sudden acceleration allegations in their past and how you may we able to cash in on it even if you already sold your car. >>> a packed show ahead. congressman steven latourette of ohio, senator richard blumenthal of connecticut, plus the grinch. it's thursday, december 27th. "starting point" begins right now. >>> well, our starting point, a brutal winter storm battering the northeast and torturing holiday travelers all over the country. here it is on the radar. the system is expected to dump up to two feet of snow on central maine today. six states are under winter storm warnings, pennsylvania, new york, massachusetts, new hampshire, vermont, and of course maine. everyone there could see at least a foot of snow. more than 200,000 customers spanning several states are already without power. more than
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